Mr. Andrew Duncan reports

BOARDWALKTECH SOFTWARE CORP ANNOUNCES NON-BROKERED LIFE OFFERING

Subject to the approval of the TSX Venture Exchange, Boardwalktech Software Corp. intends to complete a non-brokered private placement for gross proceeds of up to $2-million pursuant to the listed issuer financing exemption (LIFE) of National Instrument 45-106, Prospectus Exemptions.

The Offering will consist of up to 6,666,666 units of the Company (each, a "Unit", and collectively the "Units") at a price of C$0.30 per Unit (the "Offering Price"). Each Unit will be comprised of one Common Share (each, a "Common Share", and collectively the "Common Shares") and one Common Share purchase warrant (each whole warrant, a "Warrant" and collectively the "Warrants"). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of C$0.50 per Common Share for a period of 36 months from the closing date of the Offering, subject to early acceleration by the Company if the trading price of the common shares of the Company is greater than CDN$1.00.

Subject to compliance with applicable regulatory requirements, and in accordance with NI 45-106, the Offering is being made to purchasers resident in Canada pursuant to the LIFE Part 5A of NI 45-106. The securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws.

There is an offering document related to the Offering that can be accessed under the Company's profile at www.sedarplus.com and on the Company's website at https://ir.boardwalktech.com/form-page. Prospective investors should read this offering document before making an investment decision.

The Company expects to use the net proceeds of the Offering for sales and marketing expenditures, working capital requirements, and to enhance its balance sheet to drive new business. Closing of the initial tranche of the Offering is expected to occur on or about December 22, 2023, or such other date as the Company may decide, and remains subject to the Company obtaining all necessary corporate and regulatory approvals, including approval of the TSXV. The Company may pay finders' fees in connection with the Offering and in accordance with the policies of the TSXV.

About Boardwalktech Software Corp.

Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.

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